STOCKHOLM - In a strategic move, Stockholm-based Swedbank has announced the promotion of Raymond Klavestad to Chief Executive Officer of its payments subsidiary PayEx. The announcement was made today, marking a new chapter for the company as it seeks to strengthen its position in the payments industry and foster closer ties with its parent bank.
Klavestad, who previously served as the deputy CEO, is set to steer PayEx towards a customer-centric approach that emphasizes growth and collaboration. His leadership is expected to build on the solid foundation laid by his predecessor, Ola Laurin, who has parted ways with the subsidiary to pursue new opportunities.
Kerstin Winlöf, an executive at Swedbank, lauded Laurin's significant contributions and impactful leadership during his tenure at PayEx. Under Laurin's guidance, the company made considerable strides in the payments sector. As Klavestad steps into his new role, there is a strong sense of continuity and optimism for what lies ahead.
The focus on partnership with Swedbank signifies a strategic alignment that could unlock synergies between traditional banking services and innovative payment solutions. This transition comes at a time when the financial industry is increasingly looking towards integrated services to enhance customer experience.
For further details and media inquiries regarding this leadership transition at PayEx, Hannes Mård at Swedbank is the designated point of contact. The company's strategic direction under Klavestad's leadership is keenly anticipated by stakeholders and industry observers alike.
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